1.5 Million Californians To See Insurance Rate Hikes

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"1.5 Million Californians To See Insurance Rate Hikes"

Via The Sacramento Bee: “Depending on the plan and the carrier, hikes will average from 3 percent to more than 17 percent, but some individuals within the plans could see much higher jumps. An unknown number of Aetna’s small-group customers will take a wallop, with rates soaring 92.5 percent, according to California Department of Insurance data.” The increase could provide an extra push for Assembly Bill 52, which would “impose rate regulation on health insurers.”

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